Honeywell (HON) director Grace Lieblein receives 576 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Lieblein Grace reported acquisition or exercise transactions in this Form 4 filing.
Honeywell International Inc. director Grace Lieblein reported a compensation-related equity grant. She received 576 Restricted Stock Units, each convertible into one share of Honeywell common stock on a one-for-one basis.
The RSUs were granted under Honeywell’s 2016 Stock Plan for Non-Employee Directors and will vest on April 15, 2027. After this grant, Lieblein holds 576 RSUs directly from this award.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Lieblein Grace
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 576 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 576 shares (Direct, null)
Footnotes (1)
- Instrument converts to common stock on a one-for-one basis. The Restricted Stock Units were granted under the 2016 Stock Plan for Non-Employee Directors of Honeywell International Inc. and vest on April 15, 2027.
Key Figures
RSUs granted: 576 units
Underlying common shares: 576 shares
Total RSUs after grant: 576 units
+2 more
5 metrics
RSUs granted
576 units
Restricted Stock Units awarded to director Grace Lieblein
Underlying common shares
576 shares
One-for-one conversion of RSUs into Honeywell common stock
Total RSUs after grant
576 units
Total Restricted Stock Units held from this award following transaction
Vesting date
April 15, 2027
Scheduled vesting date of the RSU grant
Exercise/Conversion price
$0.00
RSUs granted at no cash exercise price to the director
Key Terms
Restricted Stock Units, one-for-one basis, 2016 Stock Plan for Non-Employee Directors, vest
4 terms
Restricted Stock Units financial
"The Restricted Stock Units were granted under the 2016 Stock Plan for Non-Employee Directors of Honeywell International Inc."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
one-for-one basis financial
"Instrument converts to common stock on a one-for-one basis."
2016 Stock Plan for Non-Employee Directors financial
"The Restricted Stock Units were granted under the 2016 Stock Plan for Non-Employee Directors of Honeywell International Inc."
vest financial
"The Restricted Stock Units were granted under the 2016 Stock Plan ... and vest on April 15, 2027."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
What insider transaction did Honeywell (HON) director Grace Lieblein report?
Grace Lieblein reported receiving 576 Restricted Stock Units as a compensation grant. These RSUs are a form of equity award tied to Honeywell common stock and are not an open-market stock purchase or sale.
How many Honeywell (HON) Restricted Stock Units did Grace Lieblein receive?
Grace Lieblein received 576 Restricted Stock Units linked to Honeywell common stock. Each RSU represents the right to receive one share of common stock upon settlement, subject to the vesting conditions described in the award terms.
When do Grace Lieblein’s Honeywell (HON) RSUs vest?
The 576 Restricted Stock Units granted to Grace Lieblein vest on April 15, 2027. Vesting means she becomes entitled to receive the underlying Honeywell common shares if she satisfies the plan’s service or other specified conditions.
What does one-for-one conversion mean for Honeywell (HON) RSUs?
One-for-one conversion means each Restricted Stock Unit becomes one share of Honeywell common stock. For Grace Lieblein’s award, 576 RSUs correspond to 576 potential shares, delivered if and when the units vest and are settled under the plan.
Under which plan were Grace Lieblein’s Honeywell (HON) RSUs granted?
The 576 Restricted Stock Units were granted under Honeywell’s 2016 Stock Plan for Non-Employee Directors. This plan provides equity compensation to outside directors, aligning their interests with shareholders through stock-based awards instead of cash alone.